LONDON (Reuters) – Torsten Schoeneborn, global co-head of electronic equities and portfolio trading at BNP Paribas, is leaving the firm for another bank, two sources with knowledge of the matter told Reuters on Friday. Schoeneborn did not immediately respond to a request for comment on LinkedIn. Reuters was not immediately able to confirm where he…
By Guy Faulconbridge MOSCOW (Reuters) – Alexei Navalny, Russia’s most famous opposition leader, on Friday shared letters showing how he has poked fun at prison authorities for several months with a host of bizarre requests for a kimono, a balalaika, a beetle and even to keep a kangaroo. The requests were turned down by the…
NEW YORK (Reuters) – U.S. employment increased more than expected in May, but a moderation in wages could allow the Federal Reserve to skip an interest rate hike this month for the first time since embarking on its aggressive policy tightening campaign more than a year ago. Nonfarm payrolls increased by 339,000 jobs last month,…
By Milana Vinn, Abigail Summerville and David Carnevali NEW YORK (Reuters) – Barclays Chief Executive C.S. Venkatakrishnan held a virtual town hall this week to address management changes that have led to about two dozen U.S. investment bankers fleeing in the last few weeks, people familiar with the matter said. The bankers have left for…
By Jessie Pang and Laurie Chen HONG KONG/BEIJING (Reuters) -As restrictions in Hong Kong have snuffed out what were once the largest vigils marking the 1989 Tiananmen Square crackdown, cities like London, New York, Berlin and Taipei are left carrying the candle to commemorate the June 4 anniversary. Tens of thousands of people have left…
NEW YORK (Reuters) – U.S. employment increased more than expected in May, but a moderation in wages could allow the Federal Reserve to skip an interest rate hike this month for the first time since embarking on its aggressive policy tightening campaign more than a year ago. Nonfarm payrolls increased by 339,000 jobs last month,…
(Reuters) – Boeing Co. CEO Dave Calhoun on Friday said progress on resolving supply chain problems has been “frustratingly slow” even as airlines’ demand for planes has bounced back to pre-pandemic levels. Boeing has seen progress in certain elements of its supply chain, such as engine forgings and castings, Calhoun said. But the ability for…
LONDON (Reuters) – A British teenager who detectives believe may have been just hours away from launching an attack on police or soldiers, was on Friday sentenced to a minimum of six years in jail for terrorism offences. Matthew King, 19, who converted to Islam during the COVID-19 lockdown and then became quickly radicalised by…
By Aleksandra Michalska and Michael Martina NEW YORK (Reuters) -The hope for a “free China” lives on in a new Manhattan museum dedicated to China’s 1989 suppression of pro-democracy demonstrations around Tiananmen Square, exhibit organizers said on Thursday ahead of the 34th anniversary of the crackdown. The June 4th Memorial Museum in New York will…
By Andy Sullivan WASHINGTON (Reuters) – The latest standoff over the U.S. debt ceiling, resolved just days before the government faced a devastating default, has prompted some to call for the country to ditch its self-imposed borrowing limit. That’s not likely to happen any time soon. Though the showdown unnerved investors and prompted threats of…
